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    Jumia Gambles on Africa’s Secondary Cities and Advertising Austerity as Losses Persist

    E-commerce group pins hopes on secondary cities and cost cuts, but currency headwinds and dwindling liquidity cast shadow.

    Dubai Unicorn Dubizzle Quickens IPO Drive with Egyptian Car Platform Acquisition

    Move for Hatla2ee signals ambition to dominate regional classifieds ahead of planned market listing.

    How Startup Sumet Technologies Became a Top FMCG Player in Tanzania in Just Two Years 

    This tech-first approach has yielded impressive results, with Sumet reporting 15x growth since the second quarter of 2023 and a tripling of its team to over 70 employees.

    Can Swypex and Others Withstand Fawry’s Latest Onslaught? Egypt’s Fintech Scene Heats Up

    Giza-based Swypex recently raised $4 million in seed funding led by Accel. However, Fawry’s scale, resources, and latest additions to its offering further complicate matters for the two-year-old fintech.
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    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    Jumia Hits Positive Working Capital: The Most Important Chart in African Tech

    The real story lies in what Jumia has chosen to destroy.

    When a Multilateral Bank Goes Seed-Stage: Afreximbank’s Startup Gamble

    This accelerator is not a standalone experiment; it is the logical progression of a more aggressive investment strategy.

    Latest articles

    African Startup Deal Tracker — Newest Deals

    Here’s a closer look at the notable under-the-radar investment activity we’re tracking this month.

    The Funding Desert: Why Algerian Startups Are Being Pushed Toward the Public Markets

    In a country where traditional funding channels remain limited, Algerian entrepreneurs are testing whether public markets can fuel innovation - but the path forward is far from certain

    The Graduation Gap: Mapping Africa’s Current High-Liquidity Post-Seed Corridors

    Approximately 5% to 21% of African seed-stage startups successfully secure Series A funding, significantly lower than the global average of roughly 33%.

    Zambian Neobank Lupiya Raises $11.2m Series A to Expand Across Southern Africa

    Founded in 2016, Lupiya operates as a digital-first financial services provider targeting Zambia’s unbanked and underbanked populations.